Darren O'Rourke
Question:59. Deputy Darren O'Rourke asked the Minister for Transport the measures he is taking to create a second-hand market for electric vehicles; and if he will make a statement on the matter. [10514/23]
View answerThursday, 2 March 2023
Questions (59)
Written answers
I am acutely aware that the cost of electric vehicles remains an issue for many consumers and that supply chain issues globally have also proven difficult. These have been exacerbated by international events.
Ireland is at the beginning of its transition to private electric transport. Within a few years I anticipate there will be a viable second hand market that will provide a more affordable pathway to the purchase of an EV. In addition, the motor industry is planning to bring more affordable electric vehicles onto the market. Notwithstanding this, I am taking steps to accelerate the establishment of a second hand EV market in Ireland.
My Department convened the Electric Vehicle Policy Pathway (EVPP) Working Group to produce a roadmap to achieving the 2030 EV target. This Group considered a variety of regulatory, financial, and taxation policies to accelerate EV adoption. The Group also examined the issue of price parity between EVs and ICE vehicles and found that parity in respect of the Total Cost of Ownership is likely to be achieved later on this decade, driven by falling battery prices and savings due to economies of scale.
Additional measures to further incentivise EVs and/or disincentivise fossil fuelled vehicles will also be necessary. Cost-effective, targeted policy supports should continue to be developed and strengthened over the coming years.
An Implementation Group has been established to progress the recommendations and consider further potential measures and barriers to the adoption of the EVs. It will also examine the creation of a second hand market.
Question No. 60 answered with Question No. 15.